Programs available to maximize your investment in the short and long term.
Relocation & Employment Assistance Program (REAP) 12-yr tax credit
SQUARE FT. / YEAR
$15.00 - 20.00/S.F.
$ PER FLOOR / YEAR
$660,000 - 880,000
Commercial Expansion Program (CEP)
5-yr RET abatement
SQUARE FT. / YEAR
$1.00/S.F.
$ PER FLOOR / YEAR
$44,000
Exemption from Commercial Occupancy Tax NYC CRT exemption
SQUARE FT. / YEAR
$3.00/S.F.
$ PER FLOOR / YEAR
$132,000
Energy Cost Savings Program (ECSP) Annual discount (~25-20%)
SQUARE FT. / YEAR
$0.50/S.F.
$ PER FLOOR / YEAR
$22,000